At This Point, Why Not? Northwest Slashing Jobs, Adding Fees
Honestly, this is hardly news anymore. But we should at least mention that Northwest Airlines is set to cut 2,500 jobs through buyouts and firings. The carrier will also start collecting $15 for the first checked bag, beginning on August 28.
The new fees, CEO Douglas Steenland says, should rack up an additional $250 million this year. That sounds like a lot of cash until you realize that Northwest lost $4.1 billion in the first three months of this year.
When is that merger with Delta going through, again?
Related Stories:
· Citing Fuel Costs, Northwest Plans to Cut 2,500 Jobs [NYT]
· Northwest Airlines coverage [Jaunted]
· Airline Bankruptcy coverage [Jaunted]
[Photo: Drewski2112]
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